Why are there btc and eth versions of altcoins

why are there btc and eth versions of altcoins

Dash Definition A peer-to-peer cryptocurrency that was forked out of Bitcoin to offer faster and more private transactions to users. Altcoins have long been oversold, reaching increasingly lower lows, and potentially signaling that a bottom is in against Bitcoin and a reversal could soon take place — all while Bitcoin continues to correct following the lonely parabolic rally it went on by itself during the second quarter of the year. Litecoin is seen as the closest competitor to Bitcoin. Category : Alternative cryptocurrencies. Privacy policy About Bitcoin Wiki Disclaimers. Bitcoin How Bitcoin Works.

Hard Forks: Are They Dangerous?

Ethereum ETH is an open-source, public, blockchain -based distributed computing platform featuring smart contract scripting functionality. It provides a decentralized Turing-complete virtual machine Ethereum Btdthe Ethereum Virtual Machine VMwhich can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called «ether»which can be transferred between accounts and used to compensate participant nodes for computations performed. Also conventional companies such as VTB banks, Sberbank, Lufthansa and S7 airlines, as well as international charitable organizations showed interest in the platform. Ethereum was proposed in late by Vitalik Buterina cryptocurrency researcher and programmer. Development was funded by an online crowdsale between July and August The system went live on 30 Julywith

ETH/BTC Trading Pair Fractal Hints at Ethereum Outperforming Bitcoin

why are there btc and eth versions of altcoins
Liu holds a PhD in economics from Peking University. You big blockers are so stupid that you always ask why not scale, but never realize that scaling is much more complex than you have imagined. And in response to your second question, I think you are brainwashed by Core. The creation of BCH has shown that hard forks are not dangerous and Core are liars. Q: Hello, Mr. My question is if some guy owns both hashing power and code, can he make personal gains by adjusting difficulty algorithm?

By DelgbokeDecember 9 in Crypto World. I think that Ether will never repeat the path of bitcoin. Ethereum is a very interesting project, but it will always be in second place after bitcoin. I never thought that Eth would outperform Bitcoin. That’s why I don’t think so. Bitcoin is very popular even though I has few to no development it will not version overtaken by Bitcoin, you said the truth. Tidak, jujur ada beberapa aspek yang jarang digunakan Bitcoin yaitu eth harus datang untuk menyelamatkan, tetapi Bitcoin tetap thre posisinya.

Since from the acception of bitcoin existence no order altcoins that has been able to overthrow the position of btc on cmc based on your speculations and prediction do you think Etherum will overthrow btc position on coinmarketcap could that be verskons, let me know your opinions. When there was a bull rally at that time why are there btc and eth versions of altcoins thought that ethereum is performing well so it can beat bitcoin easily.

Biy after some time if prove mr wrong. Overall ethereum is a good potential coin. I have never think. A big number of people use this currency. Also the price of bitcoin is high and it is also increasing day by day. That’s why bitcoin is best.

What I can say for sure is that eth will never catch up to btc and is even more certain than never to surpass btc. I don’t think the ethereum will ever be able to hit the bitcoins.

The bitcoins are the main thing in the crypto world which has started altcolns it. And the eth altcoins etc has came so far though i think the crypto world has been started with btc and it will end with the btc. I am an ardent fan of ethereum, and I have such tjere hope that ether will surpass bitcoin in the future, and will be used. Ethereum has a growth prospect more than other altcoins. No but no surprise if ethereum has surpassed bitcoin it doesn’t mean that bitcoin will continue to be the top.

I can never tell about a currency. Because it is not possible to say when the coins will happen. My impression is that Bitcoin will never be able to overtake any currency. There are many aspects for a coin to overtake in, some of them are its Prices, in which Eth cannot surpass btc. Others are its supply, volume. Though total supply of etherium is almost 5x than bitcoin, btc price is very higher than eth.

View this Topic. I personally do not think that ethereum can overtake or overthrow bitcoin in its current standing, although it is a strong contender, it will be very hard to actually compete with bitcoin ajd its market and its statistics. Despite the popularity of ETH I don’t think it will over throne btc because btc is an industry leader. It is by far more valuable than ETH. There is no altcoin that can surpass bitcoin.

The first thing that will be chosen in their minds is bitcoin, alttcoins is the king of cryptocurrencies. I also believe that Ethereum will not surpass bitcoin since bitcoin is the first cryptocurrency with a large capitalization.

Ethereum will always take the 2nd tbere as a very good decision regarding smart contracts. I don’t think that etherium can be passed bitcoin. Then it will hopeless for every small investor all around the world. I don’t think that will topple bitcoin in price and market capitalization, although sometimes ETH beats bitcoin in market volume. I think Ethereum will never be able to pass Bitcoin. Bitcoin price is many times higher than ethereum.

Bitcoin is used many times. Bitcoin and cryptocurrency markets have been trapped in a downward trend for months, but with just a few weeks until Christmas and bitcoin bulls still upbeat, could we be in for another Santa rally?

The bitcoin price is around half its year-to-date highs, with most altcoins but not all struggling to keep pace with bitcoin and having a worse time of it. It seems to me that the main problem of this project is that the quantity of this coin is not limited.

I think that project developers should think about it. You need to be a member in order to leave a comment. Sign up for a new account in our community. It’s easy! Already have an account? Sign in. By kirubel15 hours ago in Crypto World. By LubruseluDecember 16 in Crypto World. By Vanessa Started 3 hours ago. By Alex Started November By riya21 Started October By why are there btc and eth versions of altcoins Started December 8.

By ProfitTaker Started October Crypto World. Search In. Have you ever think that Eth will overtake Bitcoin? Recommended Posts. Posted Wednesday at PM. Share this post Link to post Share on other sites. Posted Thursday at AM. Posted Thursday at AM edited. Posted Thursday at PM. Create an account or sign in to comment You need to be a member in order to leave bbtc comment Create an account Sign up for a new account in our community.

Register a new account. Sign in Already have an account? Sign In Now. Go To Topic Listing. Do you believe that’s cryptocurrency is scam? Inquiry About Points. Free Claim Airdrop from : EcexExchange.

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ETH VS BTC: Which is the Better Investment?

Are Infinite Hard Forks and the EDA Mechanism Ethical?

This means their Master Node algorithm has been in a failure mode from the beginning. Cole Petersen 5 hours ago. Privacy Center Cookie Policy. Privacy policy About Bitcoin Wiki Disclaimers. Blockchain Explained A guide to help you understand what blockchain is and how it can be used by industries. Ethereum: What’s the Difference? Contract-building tools interpret input incompatibly. Crypto Credit Lines Sponsored. Majority premine sale. First merged-mined altcoin. First cryptocurrency that implemented the zerocash protocol. The last time this occurred, Ethereum helped drag the entire altcoin market upward, causing what most refer to as an alt season — or a period of time when altcoins trend and significantly outperform Bitcoin as a result. Used to be known as just «Ethereum» and «ETH» until the Ethereum Foundation split off an altcoin using their trademark. Major proponents deliberately attempt to confuse new users into thinking BCH is Bitcoin. Many altcoins are trying to target any perceived limitations that Bitcoin has and come up with newer versions with competitive advantages.

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